Economics
Stocks Rally After 3M, Caterpillar Profits Beat Estimates
This article is for subscribers only.
U.S. stocks rallied, recovering from yesterday’s loss, as earnings from Caterpillar Inc. to 3M Co. exceeded analysts’ estimates and data signaled stronger growth in the European economy.
Benchmark indexes pared gains following a New York Post report that a doctor who had been treating Ebola patients in Africa was rushed to a New York hospital with symptoms of the virus. The paper cited unnamed sources.